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risk_assessment.md

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Aspect Description
Customer facing Determine if the LLM application will directly interact with customers. Consider risks related to data privacy, accuracy, and user experience.
Preventing hallucinations Assess the potential for LLMs to generate inaccurate or misleading outputs.
Privacy concerns & Compliance Evaluate the privacy implications of using LLMs, particularly regarding the handling of sensitive or personally identifiable information.
AI bias Consider the risk of LLMs discriminating against certain customers based on their training data.
Data security breach Assess the risk of user data exposure to unauthorized parties.
System downtime Evaluate the possibility of online service outages and unexpected API design changes.
Lack of human oversight Consider the potential for errors or issues to go unnoticed without human oversight.
Misuse of AI by customers Assess the risk of users misusing the AI for purposes that may be illegal or against terms of service.